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What Next For Planet Labs (PL) After Slovenia Partnership?
Yahoo Finance· 2026-02-15 13:58
Group 1: Investment Potential - Planet Labs PBC (NYSE:PL) is recognized as one of the top 12 mid-cap AI stocks favored by hedge funds, with a Buy rating reiterated by Jeff Van Rhee of Craig-Hallum, raising the price target from $30 to $33, indicating a potential upside of 52% from current levels [1] - The highest Wall Street analyst target for Planet Labs shows an upside of 61.66%, based on coverage from 12 analysts [1] Group 2: Strategic Partnerships - On January 26, Planet Labs PBC announced a significant partnership with the Surveying and Mapping Authority of the Republic of Slovenia (GURS), providing high-resolution tasking services and detailed satellite data to enhance urban planning, infrastructure monitoring, disaster response, and agricultural health tracking [2] - Tomaž Petek, Director-General of GURS, emphasized that this partnership represents a major advancement in national infrastructure, enabling faster decision-making during natural disasters and improving long-term planning capabilities [3] Group 3: Company Overview - Planet Labs PBC specializes in the design, construction, and launch of satellite constellations, offering geospatial data accessible through its online platform, and includes products like the Tanager hyperspectral imaging satellite and an Earth Observation platform [3]